The naira has appreciated by 3% in the parallel market, closing at ₦1,570/$1, gaining ₦50 within five days. The naira ...
Inflation in Nigeria is expected to experience a significant decline in 2025, driven by a combination of factors, such as for a ...
Consequently, the margin between the parallel market and NFEM rate widened to N57.5 per dollar from 88 kobo per dollar on ...
Nigeria's foreign exchange reserves have declined by $1.19 billion as the Central Bank of Nigeria (CBN) battles to stabilise ...
The TUC president stressed that the rising operational costs for telcos, largely driven by forex fluctuations, are being passed down to consumers. He noted that as the Naira weakens, expenses ...
The value of the Nigerian naira continued to decline, reaching N1,500 per U.S. dollar in the official currency market on Thursday.
The naira on Tuesday closed flat across foreign exchange (FX) markets following reduced demand and improved liquidity as the ...
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